State Employment Agencies and Labour Market Efficiency

Nick Adnett

Cambridge Journal of Economics, 1987, vol. 11, issue 3, 183-96

Abstract: Responding to recent reduced expenditure on state employment agencies, this paper reexamines their economic rationale. Current search theory is inappropriate for analyzing the behavior of most job searchers and evidence is presented which indicates the importance o f the extended internal labor market in the job-matching process. Sel f-directed search will be ineffective for those with poor access to t hese informal hiring channels. The case is then developed for the req uirement that employers register vacancies with the employment agency. Empirical support for this is provided by a study of the operation of the British labor market in the 1950s. Copyright 1987 by Oxford University Press.

Date: 1987
References: Add references at CitEc
Citations: View citations in EconPapers (7)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:oup:cambje:v:11:y:1987:i:3:p:183-96

Ordering information: This journal article can be ordered from
https://academic.oup.com/journals

Access Statistics for this article

Cambridge Journal of Economics is currently edited by Jacqui Lagrue

More articles in Cambridge Journal of Economics from Cambridge Political Economy Society Oxford University Press, Great Clarendon Street, Oxford OX2 6DP, UK.
Bibliographic data for series maintained by Oxford University Press ().